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Blue Sky Travel Agency loses quarter of its revenues in 2016

Hossam El-Shaer, chairperson of Blue Sky Travel Agency, said that the company’s revenues dropped by a quarter in 2016 compared to 2015. He attributed the fall to the low tourism inflow from Europe, following the tragic incident of the Metrojet Russian airliner crash at the end of October 2015. The incident has prompted Russia to …

Abdel Razek Al-Shuwekhi

10.5% decrease in tourist arrivals in November: CAPMAS

The number of tourists who travelled to Egypt in November 2016 was 499,800—a 10.5% decline year-over-year (y-o-y), compared to November 2015, according the Central Agency for Public Mobilization and Statistics (CAPMAS). The agency explained in its monthly bulletin on the tourism sector that western Europe sent the largest number of tourists to Egypt, accounting for …

Hossam Mounir